Cognizant 12th fastest growing IT firm, beats Google: Forbes

New York, June 7: New Jersey-based Cognizant Technology Solutions has been ranked at 12th place on a Forbes list of America's 25 fastest growing tech companies.

The list was topped by business networking site LinkedIn. Social networking giant Facebook is ranked second, followed by global IT major Apple at the third place.

Nasdaq-listed Cognizant, which recently pipped Infosys as the second-largest IT services firm in India, is the only Indian company on the list. Cognizant is often classified as an Indian outsourcer because a majority of its employees are based in India.

Other companies on the list include 3D Systems (4th), IPG Photonics (5th), EPAM Systems (6th), Shutterstock (7th), InvenSense (8th), Shutterfly (9th), OpenTable (10th), SolarWinds (11th), athenahealth (13th), Ixia (14th) and Equinix (15th). Global Internet giant Google has been ranked 17th on the list.

The list includes only those tech firms that are making profits and have a minimum revenue of $150 million and a market cap of at least $500 million.

PTI